Tag Archives: Real Estate

KB Home is introducing its home office design this week at two Inland Empire developments. The Carmel Ridge at Spring Mountain Ranch in Riverside and Talavera community in Menifee will include the home office, which is designed to make working from home easier and more productive, according to a statement …

A multi-tenant retail building in Lake Elsinore has been sold. The 144,034 square-foot structure at Lake Elsinore Marketplace  – anchored by Costco, Lowe’s, Grocery Outlet, PetSmart, and Dollar Tree – sold for $3.7 million, according to a statement. Hanley Investment Group Real Estate Advisors, which buys and sells retail properties, …

Ontario-based Avison Young has announced the sale of a three-building industrial property in Perris for $2.6 million. The 13,100-square-foot property at 2282 Goetz Road was sold to a private investment group in Perris, the real estate brokerage said. The buyer, AJ Rental Inc. in Irvine, was represented by Cushman & …

A four-building business park in Riverside has been sold for just over $14 million. Commerce Square, a 128,912-square-foot project within Hunter Park, was bought recently by an undisclosed party, according to a statement released by Newmark Knight Frank. The project, which is 90 percent leased, is at 1550 Marlborough Ave. …

Two multi-tenant retail buildings in Corona have been sold for $5.2 million. Tenants at the buildings, both part of The Shops at Village Grove Plaza, include dental care, dry cleaners, donut shop, liquor store, and hair and nail salons, according to a statement. Hanley Investment Group Real Estate Advisors, a …

California’s housing market bounced back in June, with the median price of a single-family home hitting a record high, according to the California Association of Realtors. One month after the median price dropped below $600,000, it rose to $626,170 in June, a 2.5 percent year-over-year increase, the association reported recently. …